China Growth Stocks

[Shinisaurus]

NEWN-Yeah short here makes much more sense IMO. The company has already popped on earnings by essentially prereleasing numbers (they reaffirmed on Monday), so I don't see much upside pop other than the 10K actually getting filed (and there's significant downside if it isn't filed).

On the short side I don't like the timing of this resignation, and short sellers are far from gone, as these SAIC confirmations didn't really satisfy any of the shorts.

Plus retracements happen all too often in this sector, and earnings pops need to be quickly sold.